DASAN Zhone Solutions (DZSI) Upgraded to “Hold” at ValuEngine

ValuEngine upgraded shares of DASAN Zhone Solutions (NASDAQ:DZSI) from a sell rating to a hold rating in a research report sent to investors on Friday morning.

Separately, Zacks Investment Research downgraded shares of DASAN Zhone Solutions from a buy rating to a hold rating in a report on Tuesday, October 10th.

Shares of DASAN Zhone Solutions (DZSI) opened at $9.11 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.36. The company has a market cap of $152.40, a P/E ratio of -17.30 and a beta of 4.01. DASAN Zhone Solutions has a 1 year low of $4.30 and a 1 year high of $11.00.

A hedge fund recently raised its stake in DASAN Zhone Solutions stock. Dimensional Fund Advisors LP increased its position in shares of DASAN Zhone Solutions Inc (NASDAQ:DZSI) by 43.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,758 shares of the communications equipment provider’s stock after buying an additional 8,717 shares during the period. Dimensional Fund Advisors LP owned 0.18% of DASAN Zhone Solutions worth $196,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 8.99% of the company’s stock.

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About DASAN Zhone Solutions

DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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